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BrokerStudio
Suite of tools & services
Benefits
Asking Price
$29,900
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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Lot Size
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Building Size
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Premise Summary
MIXED USE - COMMERCIAL / RESIDENTIAL LOT in the Town of Onoway, known as the 'Hub of Highways' w/ a population of approx 1025 people. Zoned C1-R - Commercial - Downtown Mixed Use. Lot is 50 ft Wide by 125 ft Deep. Front of Lot faces North and slightly towards the West. Previous Home demolished - Water & Sewer on Property. Building Options including Modular Home, Secondary Suite and Single Detached Dwelling. Lot located close to School, Grocery Store, Gas Station, Bank, Church, Restaurants, Post Office and other Professional, Retail and Health Services. Quaint community of Onoway is located in close proximity to both Highways 37, 43, 33 and 16 allowing access to places further North, South, East & West. Onoway is close to several small lakes, recreational natural areas & Community opportunities. Edmonton is a short 60km drive while Stony Plain & Spruce Grove are a mere 30 & 35km drive. (id:39198)
Location
Province
Alberta
City
Onoway
Address
4911 49 Av
Postal Code
T0E1V0
Location Highlights
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Listed by
Royal LePage Noralta Real Estate Alberta listing
Category
Property Information
Premise Status
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With Accommodation
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Tenancy
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Lot Size
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Available Space
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Building Size
0
Year Built
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Years Remaining in Current Lease Term
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Renewal Options
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Operational Information
Number of Working Owners
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Current Owner - years
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FF & E
Furniture, Fixtures & Equipment that remain with the business.
Not Included
Inventory Value - approximate
Consumable items the restaurant sells or uses such as food, beverages, cleaning supplies, etc.
Not Included
Franchise
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Financial Information
Yearly Rate
$29,900
Asking Price
$29,900
Cap Rate
The capitalization rate is the rate of return on a real estate investment property based on the income that the property is expected to generate.
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NOI
Net Operating Income equals all revenue from the property, minus all reasonably necessary operating expenses.
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Gross Revenue- annual
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Cash Flow - annual
1 Take your “Net Income before Taxes”, then,
2 Add up all payments to: owners + interest + allowances for asset depreciation.
3 ADD together 1 + 2 = CASH FLOW (aka Seller’s Discretionary Earnings)
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EBITDA
Earnings Before Interest, Taxes, Depreciation, Amortization.
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Premises Size (square feet)
0
Other Information
Owner willing to Finance
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Absentee Owner
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Support and Training
Not Included
Growth and Expansion
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Market Competition
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